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year. nevada and florida have already given their approval. >>> samsung electronics released its latest smartphone. galaxy note 2 in south korea. this comes amid more intense competition worldwide, especially from its main rival apple. the new model comes with a stylus, it lets users write letters and draw pictures on its 5 1/2 inch screen. the hand set is also expected to be released in 128 other countries including japan. samsung had initially planned to begin sales of the galaxy note 2 in early october. but it launched the handset ahead of schedule, apparently after apple launched its iphone 5 last week. samsung is reportedly aiming to gain an edge over apple by adding more new models to its smartphone lineup. >>> south career's leader these -- he spoke and an armed forces ceremony wednesday in the south province. he said that differents of opinions in territorial claims. another issue is a row between japan and china over the islands. the south korean leader called for building stronger armed forces. the leaders of japan and columbia are pushing for stronger economic times. they gav
for samsung in its ongoing feud with apple and a first for google. seema mody has that and the rest of your news before the bell. she is live at cnbc world headquarters this morning. good morning, seema. >> reporter: very good morning to you. a lot of tech news but first take a look at the markets. futures higher after stocks closed mostly to the upside monday but well off their highs. investors reacted positively to data showing the u.s. manufacturing sector grew unexpectedly last month but that was tempered by comments from fed chairman ben bernanke speaking about the fed's new stimulus measures. >>> european markets are mixed this morning. the dow rising 78 points in yesterday's trade and the nasdaq slipping about two points to close at 3113. >>> and google has come a long way from its humble beginnings as a tiny search engine. it's now passed microsoft to become the world's second most valuable tech company behind apple. google stock closed at an all-time high of $761 a share on monday. it's now the dominant force in online advertising with two-thirds of the u.s. search market. google's
. >> samsung has won a round in its court bott battle. an appeals court ruled that a lower court should reconsider a sales ban against samsung's galaxy tab 10.1. it was put in place prior to a month long trial over apple's claims that samsung violated patents. the jury decided in favor of apple on most of the claims, however it found that samsung had not violated patent that was the basis for the tablet. >>> the man behind that video that sparked violence in the middle east will be referred to by his legal name. he legally changed his name in 2010 because he thought his name sounded like a girl's name. today the united states attorney announced he will now be called mark which is his legal name. he was in court yesterday for a probation violation from a 2010 check fraud conviction. >>> new conflicting information about the suspect in july's deadly shooting rampage at a colorado theater. prosecutors say that weeks before the shooting james holmes was barred from the university of colorado campus for threatening a professor but in other documents defense attorneys say those allegations fa
on hp. >>> we're all over the tech landscape. we'll meet the godfather of the samsung galaxy, the ceo of a company launching a new app. parents and teenagers should take notice. >>> also ahead, the ugs analyst cutting his outlook for iphone shipments. i know one of our producers went in the other day to get a 5. the first she can get it is october 19th, i believe. >> really? >> what is at stake for apple? >>> one more look at futures getting a little more back after five straight days down for the s&p. "squawk on the street" live from post 9 is back when we return. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexu
the complaint as he always does. he'll have more at the top of the hour. and samsung will be allowed to sell its gallaxy it tablet in te united states. a court is removing a temporary sales ban on the twice. and samsung has filed a motion against apple saying that iphone 5 infringed on some of its patents. >> tit for tat. >> exactly. and boeing -- some words are for cable. i'd say probably -- >> tit for tat, there's nothing wrong with that. >> if you comfortable saying that. >> i am. >> you know how they cut everything romney says, they cut out all the stuff on both sides of it? all we'll have for you is saying it tit, tit. remember faber, remember what he said? >> yes. the work on his finger. and you let him -- >> no, he stopped right after -- >> he stopped right after you said you what? >> yeah, anyway, boeing engineers and technical workers -- >> who did we have on last week who had a fluffer? >> a fluff off line of clothes. >> right, lululemon. >> is it not lululemon? >> in france it is. >> yeah, it is. what's happening here? the workers are voting to reject the pay offer from boeing. talks
to happening is apple, with the fight with samsung, apple has to say, listen, we're done with samsung. we're switching all of the business to intel. until they do that, you are flogging a dead horse, my friend. you're just going to get that bond equivalent at 4%. is apple unstoppable? tonight's chart is cut to the core. he thinks it may be coming more than we had. if you want to take a bite, he's saying, wait for that pullback. look, i'm saying, stop already. get a little long as it comes in. okay? it's an investment for me. for him it's a treat. stay with cramer. >> announcer: coming up, seeing red. software supplier redhat has been making green for investors in 2012. but after reporting, the stock's in the red. is this your opportunity to buy or should the open source powerhouse no longer get your tip of the hat? cramer's earnings exclusive with its ceo is just ahead. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now duri
unveiled a new semiconductor for tablets, counting hewlett-packard, dell, and samsung among its customers. intel has been criticized for not moving faster into the tablet space. tomorrow is the end of the calendar third quarter, but we're seeing a handful of companies turn in their fiscal quarter results. discover financial found more customers were using their charge cards. earnings were stronger than expected acustomers used their discover cards more and credit card loans increased. shares responded up rallying 7.3% on heavy volume. this is an all-time high for discover. meantime, nike saw a more muted reaction to its quarterly earnings. nike shares were up a half percent. they were at an all-time high in may. earnings were a $1.23 per share, 11 cents better than estimates. but they dropped from a year ago. one concern highlighted by analysts is nike's global future orders, a sign of sales to come. they showed the smallest gain in almost three years. a mattress merger was in focus today. tempur-pedic international will buy competitor sealy as it looks to expand its product line. the buy
. you can nail down a samsung for $1300 all in. or you go with -- i've been shopping. for the most part i agree with the picture that bank of america paints with costco. the problem is with the stock. if bank of america is right and they are going to rally 10.5%. that is not enough upside for this guy. the analyst has been wrong. the guy has raised his price from 88 to 94. he tells you not to buy it but he gives a price increase. they think the rally will fizzle though. they know that they have been reinvesting for several quarters. that is something that the former ceo told us. he said we got to take price cuts or keep pricing down to satisfy the customer because the customer is right. bernstein points out that this is something costco has done. that means the company's margins probably won't be as strong as the customer is expecting and this stock could be hammered. the real clincher is what bernstein has to say about valuation. this is what worries me. bernstein points out that costco's stock to remain flat, would have to sell for 20 times earnings. listen to this. the moment that th
.com features freebies like how to score a free cell phone. we found this $349 samsung galaxy blade for free, but to get it you have to buy an online through t mobile and sign a contract. to score free food for the kids, check out my u kids eat just put in your state and city and find out which days of the week, which restaurants in your area offer free kids meals. typically you do have to buy an adult meal to get the kids meal free. you've no doubt heard of birthday clubs. at birthday there are thousands of birthday related offers just waiting to be offered. on the front page alone is a deal for a free red box video rental. you do want to sign up, check out your options before your actual birthday so you can really cash in. if free phone calls are your thing, skype, google voice and other services let you make free calls over the internet. but be careful, many will try to get you to upgrade to a paid plan. info on free tunes might be music to your ears. amazon currently offers more than 14,000 free songs for download. and the library isn't the only place to get free b
have and as the technology like the samsung galaxy and must be loaded with the software program designed to rebuff transit agencies. >> division construction is well under way on the new 49ers stadium. elise year read is live in santa clara with details on a special tour. >> there have not been many opportunities for the public to see what is going on inside of the stadium as it is being built. today, we had a chance to see that construction has mark. the frames except a little over 100 ft.. the project executive says four more stories will be built on top of that. >> we are told that this is a very aggressive schedule but they are on track to be open for the 2014 season. >> temperatures were about the same as what we saw out there yesterday. here is a live look outside from our roof camera. temperatures right now are all close to the coastline. so we are vortices more widespread fog coverage into tomorrow. >>pam: several students at high-school are under arrest. the president calls for peace after tensions between the old west and the middle east continued to erupt in and
bofa strongly denied the allegation and stands behind its practices. apple viral samsung expects sales of galaxy smartphone to get off to a stronger start than its predecessor. it goes on sale today in south korea and is expected to be on sale here in the u.s. by mid november. about to get a report on august home sales in 10 minutes, economists believe me will be the fastest sales pace in two years. market so far this morning not doing a lot, sell-off yesterday, barely moving, we are down but not by as much. bloomberg index this morning lower. honored national copy day saturday -- free coffee, in some areas to lure customers in. survey found 43% of workers who drink coffee say they would be less productive without that daily cup of joe. food prep and service workers top the list of people who need coffee to get through their workday. workers in the media also mentioned. live at the new york stock exchange i'm jane king. >>> mike joining us with a look at weather and a lucrative contest. >>> way to win $49,000 easy, abc 7 about to make someone $49,000 richer. go to
it can clear all of the data off of samsung htc, motorola, and sony ericson phones. a secure update has been put into place. if all of this makes you want to get away from it all and go on vacation, scuba diving from the deep on your computer. >> reporter: as the divers swim smoothly through the great barrier reef, his cameras snaps thousands of pictures. soon to become this, an interactive underwater map brought to you by the google street view team. >> this is just like street view in that you can navigate around, look all over the place and really experience it for yourself. >> reporter: a great idea, says the owner of diver dan's. >> 90% of the population doesn't dive. >> reporter: after all, if more people see these videos, they might be tempted to take the plunge. >> maybe in the great barrier reef of australia, hawaiian reefs, just the spectacular things that i see underwater, hopefully we can share that with the whole world. >> we went to google headquarters to see how the street view team is taking its act off the road and underwater, heading to hawaii. here's a peak of what yo
, the tablet, samsung selling again. apple faces had wins and they say be careful. liz: catastrophic for whoever loses. did we to see that. the closing bell ringing in exactly 15, make that 42 -- 14 minutes. back after the break. he is telling them undervalued. you have to hear this. stay tuned. liz: he believes that there will be a cue for surprise, maybe a good one for stocks. get in there now. at least in certain names. where should you be putting your money? mike collins. once again ready to name names. i want to keep everybody honest here. yupik berkshire hathaway the last and you were here in april. it is up 11% since then. >> the thing that's keeping me honest? liz: we like to keep everybody honest. hey, call us when you do it well. >> we do it both ways. liz: the thing that is because the housing components are doing a little bit better? and me, you have shot carpet, acme brick, nebraska furniture mart. >> few people know better than you do. but the reality is kind of all of the above plus some other things. a great stock portfolio which -- and great balance sheets. people un
use of transit car. >> the smart phones must have nfc technology like the samsung dallas the. they must be loaded with the south whersoftware program. >> i would take my limited use clipper card it right near the phone or touch to the phone and it would reload additional rights on the card for free. then i can walk right over there walk right through the toll gate and drive muni for free. the match thousand commission has known about this footage of rafeal for more than a year and so far few writers if any have taken advantage of the flock. >> certainly there are certainly thousands of limited tickets used on munich every day. cost in one instance of abuse. and that h yet to be conconfirmed on the golden gate very. >> more likely will be prohibiting them from being reloaded or allowing each car to be used for a limited period of time. >> in san francisco dan kerman kron 4 news. >> are right we will take a break is 4: 23 back with more in just a couple of minutes. we are back. >> staples plans to trim retail footage in the u.s. about by 15 percent by the year 2015. they're clo
founder steve jobs would have done? will it create end roads for rivals like google and samsung? jay thinks is this a troubling sign while roy says the issue really is minor. jay, this is more evidence for you that you feel apple's better days are behind them, yes? >> well, their best days were just when they invented the iphone and the ipad. i don't know how any company will have better days than that. i think they still have very good days ahead of them. i think this is a worrisome sign because it's software that's core to the company, core to the experience of the ipad and iphone. they had to get it right. they knew they couldn't screw this up. somehow they did screw it up. >> roy, you said tim cook did the right thing by apologizing and it's not such a big deal. tell us how you feel. >> definitely. when the original iphone 4 rolled out, steve jobs' immediate response was, you're holding the phone wrong. he got a lot of backlash. a few days later, they released bumpers to everybody. they admitted there was an issue. they changed it. obviously there was an error and they've fixed i
portfolio. but whether it is an iphone, or a great samsung galaxy 3, we have a great set of capabilities for our customers and they're going to only get better. >> let me close with a somewhat wonky question about what having a separately traded stock means for t-mobile. what does that allow you to do? what does it say about the future, and what, if anything, does it imply about what deutsche telecom's sort of plan might be for its stake in the company? >> that's a great question. deutsche telecom is committed to the u.s. market. look at this as deutsche telecom's saying. we're doubling down. we believe in the growth of the u.s. market. this market is so much more growing and profitable than european markets. they're in this deal very excited. but what it also does is when we need to respond, we can go and we can tab debt markets, we can tap equity markets to position ourselves, continue to grow in this great space. it gives us a lot of possibilities an as a great growth stock we think it is going to give investors another alternative and amongst other things, consumers who have been wai
have, i'll go buy a smartphone or tablet from amazon or apple or samsung instead and that will work just fine. that's something microsoft hasn't had to deal with in a very, very long time. >> let's drill down a little bit. what does that mean for the dells and the hewlett-packards of the world? are pcs going the way of the vcr and the eight-track? >> you're on the right track. in the '70s, you had mainframes and ibm was king of the hill. i worked at digital equipment corporation in the '80s where they said having computers the side of a building wasn't a right idea. digital equipment corporation took over. and then in the 1990s, you had these companies saying, maybe melissa lee wants a pc on her desk. and then you had companies like dell and hewlett-packard and compaq come up. now you're in the point where -- i just went to europe. i brought my tablet and my smartphone and that was good enough. you're seeing a transition to another event dominated by tablets and smartphones. and companies like dell and hp don't have good offerings in that territory. and microsoft is in that same cat
competing against the samsung galaxy note at this point. they're forced into that. so if i were a buyer, i would either buy google or i'd be a buyer of amazon and i would wait to see what happens with apple. i think it can go $50 or $60 lower before you see the run back up. >> brian kelly, the trade of late has been impressive, a dramatic rise. it's outperformed apple. you can see that on the chart. it tells a really good story. are you buying the story? >> certainly if you're buying the stock here, you've missed a good portion of the run. >> if you buy apple here, you've missed the run, too. >> we have something to shoot against. apple you have something to shoot against. you have the 650 level which it seems to be holding against that. you can buy apple here. and we just heard that there is a product cycle here. we have the ipad mini. we potentially have the apple tv coming in next quarter or the next year. and to me i'm not that worried about the margins. it's kind of like a king cut prime rib which bk likes to order and a queen cut which grass owe mig sgchlt grasso might want to order.
lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has been all over the place. >> all over the place has been higher. up 2 1/2 today. through yesterday's close for the week, it was up 8 1/2% so say it's up almost 10% this week alone ahead of their numbers. >> nokia and research in motion, day traders favorites, believe me. low priced stock in and out in five minutes. >> i love it when we believe you. stuart: and dow jones industrials average 56 higher. 13, 468 right now. mitt romney told voters his tax plan might not decrease tax bills as much as they might expect. is he backtracking and telling the truth? and joining us is former new york mayor rudy guiliani. if is he backtracking if they don't get the 20% tax rate cut and cut the deductions which these people get even more, is he backtracking? >> i think he's trying to put the emphasis on deficit reduction bec
from that. because right now people are saying, let me get into that samsung line. it's the greatest -- >> and then a difficult story to read, nokia apparently considering selling their 55,000 square foot headquarters in finland, burning the furniture. i don't know if they have reached that point or not. >> it does feel like a citizen cain situation burning there. i don't understand. nokia is literally -- it's like someone called me on "mad money" and said, nok means no. not okay. not okay to buy. i mean, people keep wanting to come in and say, listen, this is the bottom of nokia. one of the major things i learned while working in my hedge fund is that stocks do stop at zero so you may get lucky here. >>> when we come back, he's known for his winning bet at subprime. what is kyle bass betting now? especially about japan? and we'll talk to david faber at the barefoot economic summit in texas. then -- >> cuff links, gold ones. >> not on our watch. >> lifelock kicking off a big week for ipos. we'll bring you the opening trade and talk to the ceo about his company's wall street debut. >>
. you can't deny that at all. android is different. who owns android? who makes money? samsung. you can't talk about an android selling phones to carriers. it's lg and htc and motorola. a lot of them are not doing well in the android platform. and i think rim has a real shot by own iing their platform and software and having this loyal user who value the experience. they are going to come out of the gates with a strong couple quarters and win back market share. >> i mean you may be an app developer for all i know, but if you were one and you could only develop for one platform, would it be for blackberry? >> that's a good question. here's the thing. you're going to go where people are. there's two ways to look at it. there's a pint up demand on blackberry 10. and a lot of successful developers go to that. i know a lot of blackberry fans who made a lot of money on blackberries. and apple has more users. it could be an overnight success but there's a lot of stories you don't hear about who are spending a lot of money and not making any money and not getting the download. there's so much c
interface. steve did all of that exquisitely. >> almost sounds like you're coming down on the samsung lawsuits back and forth. everybody is suing everybody for i thought of it first, i came up with it the right way. >> that's the real problem in the high tech world is when you lose out in the marketplace you sue somebody. i wish we could get rid of all that crap. >> craig, stay where you are. julia, thank you for the report, very interesting stuff this morning. >> it is. >>> coming up more from craig barrett on the state of education and the future of america and later the first trading day of the fourth quarter ready to kick off on wall street. what's ahead this quarter and beyond with jeremy siegel. "squawk" is coming right back. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. h
Search Results 0 to 28 of about 29 (some duplicates have been removed)